Blackstone Sells Stake Worth $450 Mn In Indian Firm IBS Software To Apax
Following the transaction, Apax will partner closely with IBS Software's Founder and Executive Chairman, V.K. Mathews, who will remain the majority shareholder.
May 16, 2023, 08:41 AM IST
Blackstone invests over Rs 50 crore to redevelop one-mile road stretch in Mumbai
The mile-long stretch of the road sitting at the junction between Dadar, Elphinstone and Lower Parel is a high-volume traffic area with more than one lakh commuters per day.
Jan 23, 2022, 17:33 PM IST
PM Modi US visit: Prime Minister meets 5 American CEOs, motivates them to invest in India: In Pics
PM Modi met with the CEOs of Qualcomm, Adobe, First Solar, General Atomics and Blackstone.
Sep 24, 2021, 10:02 AM IST
Biggest ever IPO in auto component segment! Blackstone promoted Sona Comstar files for Rs 6000 crore IPO
Between FY16-20, the company has seen its total operating income grow at the CAGR of 10.9%. In FY 20, as compared to the top 10 publicly listed auto component manufacturers in India by market capitalization, Sona BLW Precision Forgings has the highest operating EBITA margin, PAT margin, ROCE and ROE.
Feb 24, 2021, 16:10 PM IST
Coffee Day to sell Bengaluru tech park to Blackstone, cut debt
The announcement comes weeks after the company`s founder was found dead in a river in southern India, sparking speculation that he was under intense financial strain and prompting the company to look for options to deleverage its assets.
Aug 14, 2019, 16:57 PM IST
DHFL makes Rs 962 crore payment towards NCDs, to seek ratings upgrade
Crisil and ICRA had downgraded ratings on DHFL's commercial papers (CPs) worth Rs 850 crore last week, citing delay in payments.
Jun 12, 2019, 10:23 AM IST
Embassy to raise Rs 4K cr via bonds, REIT issue of Rs 4,750 cr
The issue closes on March 20.
Mar 14, 2019, 12:48 PM IST
DLF promoters to sell 40% stake in rental arm to GIC
Real estate major DLF's promoters will enter into an exclusive pact with Singapore's GIC to sell their 40 percent stake in the company's rental arm, DCCDL Ltd, for an estimated amount of up to Rs 13,000 crore.
Mar 01, 2017, 19:54 PM IST
DLF's rental arm stake sale by Sep, may fetch Rs 12,000 crore
Realty major DLF's promoters are likely to sell 40 percent stake in its rental arm by September, a deal estimated to fetch around Rs 12,000 crore.
Jul 31, 2016, 17:23 PM IST
DLF, Blackstone restructure shareholding in five land parcels
Realty major DLF on Wednesday announced restructuring of its joint venture with global investment firm Blackstone-managed Ridgewood Holdings that had invested Rs 1,481 crore in seven housing projects in 2007.
Jul 20, 2016, 15:40 PM IST
Blackstone to buy Mphasis for up to Rs 7,071 cr
Private equity firm Blackstone today said it will buy out HP Enterprise's stake in Mphasis for up to Rs 7,071 crore (USD 1.1 billion), marking the largest IT deal for the US-based firm in India.
Apr 04, 2016, 09:42 AM IST
Reliance Infra in advanced talks to sell cement unit for $394 million
Reliance Infrastructure`s cement unit has three plants with total installed capacity of 5.8 million tonne per annum (MTPA).
Dec 24, 2015, 09:43 AM IST
Blackstone buys back BPO biz from Serco for Rs 2,558-cr
Global private equity major Blackstone has bought back the BPO business (then known as Intelenet) from Britain's Serco Group for 250 million pounds (about Rs 2,558 crore), four years after it exited.
Sep 16, 2015, 16:31 PM IST
Blacksone to buy Strategic Hotels in deal valued at $3.93 bn
The private equity firm Blackstone will buy real estate investment trust Strategic Hotels & Resorts Inc in a cash deal valued at USD 3.93 billion.
Sep 08, 2015, 23:28 PM IST
Fairfax's Watsa to buy Indian logistics firm NCMSL
One of the sources said the deal, for a 70 to 75 percent stake in the commodities storage and services firm, could be worth $120 million to $150 million.
Jun 26, 2015, 09:56 AM IST
Blackstone buys Chicago`s Willis Tower
US real estate investor Blackstone Group said Monday it is buying the iconic 110-story Willis Tower in Chicago, the second-tallest building in the United States.
Mar 16, 2015, 20:28 PM IST
Baring to buy Blackstone's stake in CMS for $250 mln - sources
Blackstone Group LP has agreed to sell its 57 percent stake in CMS Info Systems Ltd to Baring Private Equity (Asia) for USD 250 million, two sources with direct knowledge of the matter told Reuters.
Mar 09, 2015, 17:48 PM IST
Blackstone to buy GE's real estate in Japan for $1.6 bn
The deal will see Blackstone Real Estate Partners Asia acquire the business that owns and operates more than 10,000 units in 200 properties, primarily in Tokyo, Osaka, Nagoya and Fukuoka.
Nov 21, 2014, 11:07 AM IST
Blackstone, Gulf cos snap up stake in Sunny Varkey's GEMS
An investor group comprising Blackstone and two Gulf entities has acquired a minority stake in GEMS Education, founded by India-born Sunny Varkey.
Oct 16, 2014, 16:44 PM IST
